Browsing Tag
tax
27 posts
Where Does 1 US Tax Dollar Go?
The U.S. federal government collects more than $5 trillion in taxes every year. In the first quarter of…
South Korea: Cheongju to Seize Crypto From Tax Evaders
Regulators from Cheongju, South Korea, are looking to confiscate crypto assets from local tax evaders. Yonhap’s report revealed that seven South…
I Will Exempt Bitcoin-Dollar Conversions From Taxes: Robert Kennedy Jr
Robert F. Kennedy Jr. has been a vocal supporter of Bitcoin. The 2024 presidential candidate has time and again…
Biden’s 30% Bitcoin Mining Tax Plan Won’t Work: Marathon CEO Fred Thiel
In March, President Joe Biden released his annual budget proposal outlining his policy priorities for the coming year. With respect…
U.S. Crypto: White House Council of Advisers Bat for 30% Mining Tax
A month back, President Joe Biden released his annual budget proposal outlining his policy priorities for the coming year.…
Indian Crypto Investors Pay $19 Million in Tax For 2022-23
Indian crypto investors were disappointed following the implementation of a 30% tax on gains from trading crypto assets.…
Crypto Tax: Which Countries Have New Rules in 2023?
Global regulators are still formulating plans for handling cryptocurrencies, which function differently from conventional financial assets. Some nations…
President Biden Proposes 30% Tax on Electricity Used to Mine Cryptocurrency
A few hours ago, President Joe Biden released his annual budget proposal. The president outlined his policy priorities…
President Joe Biden Includes Crypto Tax in the New Budget Proposal
President Joe Biden recently disclosed a potential $5.5 trillion tax increase during his annual budget planning process. Over…
President Biden Calls to Double Capital Gains Tax
President Joe Biden has proposed a set of new tax hikes on billionaires, corporations and rich investors. Biden’s…